United Ventures

United Ventures is an independent Italian venture capital firm founded in 2013 by Massimiliano Magrini, former country manager of Google Italy, and Paolo Gesess, and headquartered in Milan. The firm invests in digital technologies, software, enterprise software, fintech, cloud, the Internet of Things, cybersecurity, marketplaces, B2B and B2C platforms and deep tech, backing visionary entrepreneurs who tackle critical, often underestimated problems and aim to digitise sectors that improve quality of life and promote sustainable development, and it is willing to lead. United Ventures invests primarily at the early stage across Western Europe, North America and Israel, with around 70% of its current portfolio companies being Italian. The firm manages two early-stage funds and a growth vehicle, UV T-Growth; the 2023 close of United Ventures III, a EUR 150 million early-stage fund that targets 15 to 18 European technology companies with initial tickets of EUR 1 million to EUR 8 million, brought total funds under management toward EUR 500 million. With a team of around 15 professionals, including investment partners Giulia Giovannini and Sara Lovato and operating partner Jacopo Drudi, United Ventures has built a track record of roughly 35 investments, several IPOs and notable exits, including 10x-plus returns on FACEIT and Musixmatch in 2022. Portfolio companies include wealthtech Moneyfarm, online grocery marketplace Everli, crypto exchange Young Platform, used-car platform Cazoo and fraud-prevention firm Cleafy, with its most recent disclosed deal being Cleafy's Series B in March 2026. As one of Italy's leading independent VCs, United Ventures backs digital-technology founders across Europe, North America and Israel.